EURUSD consolidation entry points
Updated
Hi traders,
The last week the EURUSD has been consolidating and I have been long and short on this a few times now. Here is my next setup. Long or short, I don't mind. The entry, stop and targets are based on previous structure within this consolidation.
Information for the long position
Entry: 1.1345
Stop: 1.132
Target 1: 1.1369
Target 2: 1.4516
Information for the short position
Entry: 1.1429
Stop: 1.4685
Target 1: 1.137
Target 2: 1.1345
Best of luck!
The last week the EURUSD has been consolidating and I have been long and short on this a few times now. Here is my next setup. Long or short, I don't mind. The entry, stop and targets are based on previous structure within this consolidation.
Information for the long position
Entry: 1.1345
Stop: 1.132
Target 1: 1.1369
Target 2: 1.4516
Information for the short position
Entry: 1.1429
Stop: 1.4685
Target 1: 1.137
Target 2: 1.1345
Best of luck!
Trade active
Short trade active.Comment
Moving target 1 slightly higher: 1.13777 due to recent structure.Comment
Both targets reached.Trade active
Long trade active.Comment
Target 1 hit. Stop moved to entry.Trade closed: stop reached
Stopped at entry while sleepingRelated publications
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